Longzhu
Beijing, Beijinglongzhugroup.com
Overview
Longzhu Capital, formerly the Meituan-Dianping Industry Fund, is the corporate venture capital arm of Meituan. Founded in 2017, the firm initially focused on investments in the consumer sector, including retail and local services. It has since expanded its focus to include 'hard tech' sectors like semiconductors and artificial intelligence. The firm is backed by limited partners including Meituan, Tencent, and New Hope Group.
Portfolio Companies
4
Website
longzhugroup.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Axera | Jan 2022 | Series A Extension | - |
| HEYTEA | Jul 2021 | Series D | - |
| Yipinhong Technology | Mar 2019 | Series B | Co-investor |
| HEYTEA | Apr 2018 | Series B | Lead |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
